PPI Refunds of €67 Million.

The Central Bank has reported that the review of the misselling of Payment Protection Insurance is now complete – and refunds of €67.4 Million have been given back to 77,000 customers. That is an average refund of €875 per policy. There are still 6000 customers who are due a refund – but they have not […]
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PPI Refunds in Ireland – at least €50 Million to be paid back

Here in Ireland it became obvious to the regulator in recent years that there had been fairly widepspread mis-selling of Payment Protection Insurance . (As there was in the UK) Back in July 2013 the Central Bank instructed the firms involved to carry out a review of their PPI sales since 2007..  Read more about […]
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Some Progress on Missold PPI Review

Back in July 2012 we wrote about the Central Bank forcing banks and other credit providers to undertake a review of PPI sales. PPI – (Payment Protection Insurance) was sold alongside loans , credit cards and mortgages – and it seems that in many cases it was mis-sold. The review is  only looking  at  PPI […]
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Slow Progress on PPI Investigations

Payment Protection Insurance Review Back in October 2012 – seven Irish financial institutions were instructed  by the Central Bank to undertake a review of all their PPI sales made since July 2007. Only 6  companies were named – they were Bank of Ireland, Allied Irish Bank, EBS, GE Money, Ulster Bank and Permanent TSB. All […]
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